|Gallmeier: tax increase still needed to bridge gap|
|Thursday, May 01, 2014 8:10 PM|
BY NANCY SPENCER
DEPHOS — Fresh from a Lakeview Farms press conference announcing a $12 million expansion project and the addition of 200 jobs in Delphos, Mayor Michael Gallmeier was hopeful for the city’s economic condition in the future.
However, he said more immediate concerns will still make the .passage of a .25-percent Income Tax increase on Tuesday’s ballot necessary for the fiscal health oft he city.
“The news from Lakeview Farms is wonderful and will mean good things for our city in the next several years and beyond,” Gallmeier said. “But we still have financial concerns that need to be addressed right now.”
Gallmeier said he and council had been aware of the local food processor’s plans and that’s why the tax increase would only be in effect for three years.
“We have run the numbers and estimate Lakeview’s increase in utility usage will roughly be $132,900 a year. That’s helpful but still not where we need to be without the tax increase,” Gallmeier said.
|Last Updated on Thursday, May 01, 2014 8:16 PM|